How To Pay Your Home Mortgage Off And Be Debt Free In 6-10 Years Or Less With Little Change To Income Or Expenses The New Zealand Way

The Mortgage Eliminator: A New Approach to Debt and Home Mortgage Repayment

Ariel Metekingi's Vision:

Ariel Metekingi, inspired by the successful debt repayment models observed in New Zealand and Australia, recognized that American mortgage practices lagged behind. In these countries, homeowners typically pay off their mortgages and achieve debt freedom within 6-10 years. This efficiency contrasts sharply with the longer-term and less flexible mortgage options prevalent in the U.S.

Metekingi founded Money Principal Group in Utah to bring a similar innovative approach to American homeowners. Their flagship product, The Mortgage Eliminator, leverages a proven system used by a significant portion of homeowners in Australia and New Zealand.

How The Mortgage Eliminator Works:

1. Integrated Account System:

   • The Mortgage Eliminator combines a mortgage and a full-service bank account into one comprehensive tool. Homeowners deposit all income and assets into this account.

2. Daily Interest Reduction:

   • Since the mortgage account functions similarly to a checking account, any idle money deposited reduces the daily loan balance on which interest is calculated. This daily reduction in the balance leads to significant savings in interest payments over time.

3. Access and Flexibility:

   • Homeowners can manage expenses through the account using checks or an ATM card. The key is that any funds not used for immediate expenses lower the mortgage balance, thereby reducing the interest accrued.

4. Accelerated Repayment:

   • By applying this method, homeowners can potentially pay off their mortgage and other debts in half to one-third of the usual time, compared to traditional mortgage plans.

Benefits of The Mortgage Eliminator:

• Significant Interest Savings:

  • Reducing the principal balance daily translates to substantial interest savings, enabling homeowners to build equity faster and own their homes sooner.

• Financial Control:

  • This system empowers homeowners to take control of their financial health, helping to eliminate consumer debt and accelerate mortgage payoff without altering their standard of living.

• No Additional Income Required:

  • Homeowners can achieve these benefits without needing extra income or making lifestyle sacrifices, provided they maintain disciplined budgeting and positive cash flow.

Eligibility and Implementation:

• Budget Discipline:

  • The Mortgage Eliminator is suitable for those who can manage their budget effectively and either have positive cash flow or are willing to adjust their budget to create it.

• Coachability:

  • Success with this system requires a willingness to be coachable and allow one's financial goals to drive the plan of action.

Conclusion:

The Mortgage Eliminator offers a promising alternative to traditional mortgage structures, combining the flexibility of a bank account with the power of accelerated mortgage repayment. For those interested in achieving financial freedom and homeownership faster, this innovative approach could be a game-changer.

For more details on how to utilize The Mortgage Eliminator to potentially pay off your mortgage in as little as 7 years and to explore the Money Principal Program, visit http://www.PDXLoan.com or call 1-800-862-0784 ext 21.